Global Ocean Logistics to Incorporate HK Subsidiary, Invest HK$1M

Global Ocean Logistics India Ltd announced that its Board of Directors will convene on June 25, 2026. The primary agenda item is to consider and approve the incorporation of a wholly-owned subsidiary in Hong Kong. The company also plans to invest up to HK$1,000,000 in the share capital of this new entity, potentially in multiple tranches, subject to regulatory compliance. This move signals an expansion of Global Ocean Logistics' international presence and strategic investment in overseas operations.